4.3.1 What are dividends?
Money paid to creditors is called a dividend and is expressed as the number of pence in the pound paid in respect of each creditor's claim. If you have not submitted a claim form and proof of the debt you will not be included in this process.
When the trustee has collected enough money to pay a dividend, they will write to all creditors telling them how much to expect. Each creditor will be sent a Form of Receipt to complete and return to the trustee. When this form is received, the dividend payment will be made.
If any creditor does not return this form they will not receive any dividend due to them. The trustee will lodge the funds with the Accountant in Bankruptcy in a special bank account called a consignation account.
If you wish to claim any money in the consignation account, you must write to the Accountant in Bankruptcy. A charge is made for dealing with consigned money.